China: Medlive Tech set to price HK IPO of up to HK$4.2bn

Exchange Square, home of the Hong Kong Stock Exchange

Medlive Technology, the largest online professional physician platform in China, has launched its planned Hong Kong IPO. The 155.1 million share offering will be priced between between HK$24.10 and HK$27.20 to raise around HK$4.2bn (US$540m). The offering is split into Hong Kong, representing 10% of the total, and international offerings. Pricing is due this week. Cornerstone…

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